EUR/USD (a 4-hour chart)
The euro is under pressure from the dollar. The pair tries to overcome the resistance at 1.3550-1.3660. If the pair succeeds it will continue to restore its positions to the resistance levels 1.3830 and 1.4000. If EUR/USD does not overcome 1.3550-1.3660 we can expect a further decline to 1.3295 support or 1.3100.
There is a strong northern movement. The buy signal is confirmed and strong. The price is above the cloud and below the Chinkou Span. The upward movement will be until the Kijun-Sen is below the price. The Kijun-Sen and Tenkan-Sen are directed upwards.
Bollinger Bands is broadening being directed upward.
MACD is in a positive area, the histogram is growing.
The corrective recovery towards 1.3645 downward trend line is not supported by volumes.
If the price remains below the trend line, we can expect a return to the price support level 1.3520.